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Individual Account

   Also found in: Acronyms 0.01 sec.
Individual Account
An account at a brokerage, bank, company or anywhere that a single person is responsible for debits and credits thereto. An individual account contrasts with a joint account and a partnership account, both of which may have more than one account holder.

individual account
A brokerage account opened in the name of one person. Compare joint account.


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Written for policymakers and economists, this book describes a mixed strategy of targeted benefit adjustments, continued adjustments of retirement age and a system of add-on individual accounts that may be an effective overall approach.
Currently, the FDIC insures individual accounts up to $100,000.
Don was a salesman who sold advertising His boss set the fees for the advertising, but Don found a way to go into the company computer and change the figures to whatever he wanted on individual accounts Don was a salesman who sold advertising.
 
 
 
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